New PAS Center Report on Tax Coverage of Expenses for PAS.
This "frequently asked questions" report was prepared for the PAS Center by Steve Mendelsohn, Michael Morris and Alex Spigelman of the Burton Blatt Institute at Syracuse University. Areas covered include, "Tax Benefits For Individuals" and "Tax Benefits For Employers And Employees". Questions answered include:
- How can I deduct or exclude from income expenses for PAS?
- Must one itemize in order to receive favorable tax treatment for PAS expenses?
- Are the tax benefits employment linked?
- Does it matter where the PAS is provided?